Cortex

28: Formalizing and Systematizing

19 snips
May 2, 2016
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ANECDOTE

Outsourcing Accounting Brought Immediate Relief

  • Mike switched to online accounting and got stuck reconciling balances, then paid someone else to fix it.
  • He checked it off in OmniFocus once he outsourced the problem and felt relieved.
ADVICE

Hire An Accountant Early

  • Hire an accountant as soon as you set up a company to avoid dealing with bookkeeping yourself.
  • Paying professionals saves you time and is often worth the cost compared to your own time value.
INSIGHT

Write Your Company Without You

  • Writing the company as if you don't exist clarifies discrete roles and jobs to fill.
  • That clarity lets you create actionable job descriptions and think like a CEO.
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